Tag: Investment Firms

Randal Nardone attended the University of Connecticut for his Science undergraduate degree, and from School of Law University of Boston, he got his J.D. Randal is Fortress Investment Group Chief Executive Office since 2013, and he is also the co-founder, director, and principal. Fortress Investment Group is an investment management firm with a global portfolio of 43.6 billion dollars in assets, and it started in 1998. The company offers management of assets for more than 1,750 institutional both private and public globally dealing with real estate, credits, traditional fixed income, liquid hedge private equity, permanent capital, and others.Randal became the board of director for the Fortress Company in 2006 November and named on the Forbes Magazine among the world billionaires in 2017 ranking number 557 with a tune net worth of 1.8billion dollars. ‘

Randal Nardone started his career at Thacher Proffitt and Wood as a partner and the executive committee member before moving to BlackRock Financial as the principal Financial Manager and later UBS as the managing director and today he oversees the legal matters and structured finances of Fortress Investment Group where he owns company shares worth 53 million dollars.The Tokyo SoftBank Group Corporation acquired the Fortress Investment Group for 3.3 billion dollars in cash, and the company owns the outstanding shares of the company. According to Randal Nardone the Fortress Chief Operating Office the acquisition adds to the sound principles of the company committed to maintaining the business model, leadership, brand, processes, personnel, and culture.

The company headquarters remains in New York with the current management team leading Fortress.The SoftBank Group is well-known for its roles in global technology that aspires in driving the information revolution with its headquarters in Tokyo, and it has significant global companies’ portfolio that includes internet service, telecommunications, and clean providers of energy technology, IoT, smart robotics and Al.Randal Nardone used his experiences and years of knowledge to create Fortress investments Group with his co-partners Wesley R. Eden’s and Peter L. Briger who has vast skills in financial filed. In addition to working for Fortress, Randal is also the director of Brookdale Senior Living, Alea Group Holdings Ltd Bermuda, Springleaf Finance, Eurocastle Investment Limited, Springleaf Finance Corporation and GAGFAH S.A. The Fortress Investment Group under the management of Randal Nardone has a total of 953 employee’s assets management with 216 holding the professional investment docket who praises him for his dedication to making the company grow fast.